Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jun 29, 2021 |
signed chap.177 |
Jun 17, 2021 |
delivered to governor |
Jun 07, 2021 |
returned to senate passed assembly ordered to third reading rules cal.495 substituted for a7663 |
May 26, 2021 |
referred to housing delivered to assembly passed senate |
May 24, 2021 |
advanced to third reading |
May 20, 2021 |
2nd report cal. |
May 18, 2021 |
1st report cal.1095 |
May 10, 2021 |
referred to housing, construction and community development |
Senate Bill S6605
Signed By Governor2021-2022 Legislative Session
Sponsored By
(D, WF) 31st Senate District
Archive: Last Bill Status - Signed by Governor
- Introduced
-
- In Committee Assembly
- In Committee Senate
-
- On Floor Calendar Assembly
- On Floor Calendar Senate
-
- Passed Assembly
- Passed Senate
- Delivered to Governor
- Signed By Governor
Actions
Votes
2021-S6605 (ACTIVE) - Details
- See Assembly Version of this Bill:
- A7663
- Law Section:
- New York City
- Laws Affected:
- Amd §2, Chap 84 of 1993
2021-S6605 (ACTIVE) - Summary
Extends the existing authority of the local housing agency in the city of New York, the department of housing preservation and development until June 30, 2024 to restructure rents for housing development fund companies that have purchased and are rehabilitating occupied multiple dwellings.
2021-S6605 (ACTIVE) - Sponsor Memo
BILL NUMBER: S6605 SPONSOR: JACKSON TITLE OF BILL: An act to amend chapter 84 of the laws of 1993 amending the private housing finance law relating to establishment of initial rents in hous- ing accommodations rehabilitated with loans to housing development companies, in relation to the effectiveness thereof SUMMARY OF PROVISIONS: This bill extends the existing authority of the local housing agency in the City of New York, the Department of Housing Preservation and Devel- opment ("HPD") to restructure rents for housing development fund compa- nies that have purchased and are rehabilitating occupied multiple dwell- ings pursuant to Article XI of the Private Housing Finance Law ("PHFL"). Currently, the ability to restructure rents expires on June 30, 2021. This legislation extends such authority to June 30, 2024. REASONS FOR SUPPORT:
2021-S6605 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 6605 2021-2022 Regular Sessions I N S E N A T E May 10, 2021 ___________ Introduced by Sen. JACKSON -- (at request of the NYC H.P.D.) -- read twice and ordered printed, and when printed to be committed to the Committee on Housing, Construction and Community Development AN ACT to amend chapter 84 of the laws of 1993 amending the private housing finance law relating to establishment of initial rents in housing accommodations rehabilitated with loans to housing development companies, in relation to the effectiveness thereof THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Section 2 of chapter 84 of the laws of 1993 amending the private housing finance law relating to establishment of initial rents in housing accommodations rehabilitated with loans to housing develop- ment companies, as amended by chapter 93 of the laws of 2018, is amended to read as follows: § 2. This act shall take effect immediately and shall remain in full force and effect until and including June 30, [2021] 2024 after which date it shall expire and be deemed repealed except that dwelling units made subject to the rent stabilization law of nineteen hundred sixty- nine pursuant to subdivision 2 of section 576-c of the private housing finance law, as added by section one of this act, shall continue to remain subject to such law. § 2. This act shall take effect immediately; provided, however, that if this act shall have become a law after June 30, 2021, it shall take effect immediately and shall be retroactive to and deemed to have been in full force and effect on and after June 30, 2021. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD11214-01-1
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